17308 EMC Oct 25/27 call spreads went up in 2 blocks on the PHLX.?
Shares of EMC Corp (EMC) are down .40 to 24.20 today.? EMC is near the middle of the 52 week range.
- Paper traded 17308 EMC Oct 25/27 call spreads for .55. ??
- The ADV is 23004 contracts.? ?
- The OI is 2955 and 36999 contracts.
The volume went up in 2 blocks on the PHLX.? This customer looks like they are rolling some long calls down to a closer strike.? At .16 the trader did not make much profit and the move closer to the money is meant to capture a rally back.? The trade as priced looks like buying the 25s and selling the 27s.
- IV 30 is trading for 34%.?
- HV10 is trading for 30%.?
- IV 30 is above the HV 10.
EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industry’s range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses.